Distressed

The rise in foreclosure filings for August over July was more than double the historic increase between these two months, said Attom Data Solutions.

New York City is working to create a database and system for tracking vacant and abandoned properties — though officials acknowledge Staten Islanders may not see the effects of the endeavor for years.

More than 90% of all mortgaged properties in Florida are in a FEMA-designated disaster area following Hurricane Irma, nearly three times the number impacted by Hurricane Harvey, according to Black Knight.

Rick Felix paid $200,000 for a four-bedroom, split-level foreclosed house in Ambler. He made the payment in cash without any option to inspect or even get a good look inside the place beforehand.

Qualified residents of 37 Florida counties can access aid including mortgage assistance and unemployment aid. They are also eligible for late-fee forgiveness on JPMorgan Chase loan payments.

Alaska home prices dropped in early 2017 for the first time during the state's recession, but economists are uncertain whether the drop signals a new trend or if it's just an aberration prompted by the housing market's slow season.

If Fannie Mae's clear-boarding requirements prove effective, New York may follow Ohio's lead and move forward with a bill requiring it to be used more broadly on zombie properties.

Over one-quarter of all mortgages in the areas affected by Hurricane Harvey are likely to become delinquent because of the storm, according to an analysis from Black Knight.

Zombie properties become the living dead as a result of bank foreclosures. They sit and often fall into disrepair — a situation likely to go from bad to worse.

The mayor of Niagara Falls, N.Y. is asking local lawmakers to authorize the city's participation in a multi-jurisdictional land bank initiative, a non-profit organization officials say will be a tool to beat back urban blight.

Carlyle Group LP was exonerated in a lawsuit tied to the collapse of a mortgage fund from 2008, avoiding $1 billion in damages sought by the pool's liquidators.

The long-term recovery for thousands of Texans whose homes were decimated by Hurricane Harvey rests with a Trump administration government outsider who wants his agency's budget cut by billions of dollars.

The legal logjam involving a pair of distressed properties in Garfield Heights, Ohio is starting to clear, after more than eight years of litigation and stagnation.

The New York State Department of Financial Services hasn't issued a single penalty against a bank or mortgage provider for failure to maintain and secure a property more than a year after the law requiring this upkeep was signed and eight months after it went into effect.

Rosemary Romero maintains the community garden at the entrance to Casa Linda, a 125-home subdivision in the center of town with entry off Cerrillos Road via Monterey Drive. It's a lovely neighborhood, she says, but is being damaged from the inside out.

A new state law meant to combat the blight of "zombie" homes across New York lacks effective enforcement to hold banks accountable for actually maintaining the properties on Staten Island.

The Toledo, Ohio, area is among the top five metro area in the country with the highest share of mortgaged properties that are "seriously underwater," that is, more is owed than the property is worth.

Mortgage holders could see their security interest wiped out if a borrower in Texas or Nevada gets a property tax loan where the lien has priority over the first mortgage.

Blighted, abandoned properties in Hornell, N.Y., are not only in-check, according to officials, but they're declining at a rapid pace.

Fires can make or break Staten Island, N.Y., zombie homes.